The Progressive
$210.31Change from previous close: −0.31%Absolute change: −$0.65
Valuation
Data as of October 2, 2026
Valuation multiples
- Market cap
- $122.08B
- Enterprise value
- $128.88B
- P/E (trailing 12 months)
- 10.5
- Forward P/E
- 13.0
- PEG
- 63.6
- Price/book
- 3.56
- Price/sales
- 1.34
- EV/EBITDA
- 8.37
- EV/revenue
- 1.42
Profitability and growth
- Gross margin
- 18.5%
- Operating margin
- 18.2%
- Net margin
- 12.8%
- ROE
- 34.9%
- ROA
- 7.8%
- Revenue growth (year over year)
- 7.3%
- Earnings growth (year over year)
- 5.0%
Financial health
- Total cash
- $2.16B
- Total debt
- $8.39B
- Debt/equity
- 0.24
- Current ratio
- 0.29
- Quick ratio
- 0.23
Dividends
- Annual dividend per share
- $0.40
- Dividend yield
- 0.2%
- Payout ratio
- 69.7%
- Ex-dividend date
- October 1, 2026
Analysts and estimates
- Average price target
- $232.05
- Median price target
- $230.00
- High price target
- $314.00
- Low price target
- $198.00
- Analysts with a price target
- 21
- Consensus
- Hold
- Forward EPS
- $16.24
- EPS estimate, current year
- $18.10
Shares and trading
- Beta
- 0.26
- Average volume
- 2.68M
- Shares outstanding
- 580.4M
- Float
- 579.11M
- Institutional ownership
- 89.9%
- Insider ownership
- 0.2%
- Short interest (% of float)
- 1.1%
- Short ratio (days)
- 2.99